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Money

Living costs in the Czech Republic are affordable. But of course, prices may vary according to location, accommodation choices, lifestyle, and spending habits.
The Czech Republic is a member of the European Union, but is outside the Eurozone, which means that it does not use the euro as its currency. The Czech currency is the Czech crown (CZK). You can check the exchange rate at the website of the Czech National Bank and European Central Bank. You can exchange your money in a bank, hotel or bureaux de change. Alternatively, you can pay with an international banking card or credit card.
Many shops and restaurants accept Euros, but normally any change returned will be in Czech crowns.

When paying bills in Czech restaurants, bars, coffee shops and other establishments don’t forget to leave a tip. Sometimes the tip is included in the bill, but it is quite usual that a guest will decide for himself how much to tip the staff in the restaurant. 

Take a look at the Eures Portal to get an idea of the average of the various prices in Czech Republic (section Cost of Living).